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Franklin City Manager previews up to $14.3 million bond package for armory, radios and courthouse work
Summary
City Manager Rosalind Oglesby told council of a proposed general-obligation bond/notes issuance not to exceed $14,300,000 to fund projects including the armory renovation, radio system upgrades and courthouse renovation; a presentation is planned in November and a public hearing Dec. 9.
City Manager Rosalind Oglesby told the Franklin City Council the city is preparing a draft legislative packet and a financing plan that would allow issuance of general-obligation bonds or notes not to exceed $14,300,000 to complete several capital projects.
Oglesby said the borrowing would cover projects including the armory (gym) renovation, radio upgrades and courthouse renovations. She said the armory project is about 95%…
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